PYMNTS

OCTOBER 29, 2019

The pace of payments innovation continues to accelerate, and corporate payments are no longer an exception to this trend. But to understand where B2B payments innovation is going, Jay Dearborn, president of corporate payments at WEX , said the industry must first take a look in the rearview mirror. “To Banks’ Unwavering Role.

Innovation 101

Innovation System Payments Fintech 101

PYMNTS

AUGUST 6, 2020

In August’s The FI’s Guide To Modernizing Digital Payments , PYMNTS explores the latest in the world of payments modernization, including record numbers of digital payment users in India, high demand for instant payments from corporates as well as consumers, and emerging competition from FinTechs and challenger banks. About The Tracker.

Regulation 245

Regulation Payments Innovation Fintech 245

PYMNTS

OCTOBER 28, 2020

This puts them at risk of losing customers to more agile FinTechs that lack these issues. These large investments by FIs in new technologies are mere drops in the bucket compared to FinTechs’ investments, however. A study found that FinTechs spend 70 percent of th eir budgets on innovation, while banks typically spend 35 percent.

Payments 219

Payments Compliance Fintech Innovation 219

PYMNTS

AUGUST 10, 2017

Banks and FinTech companies have a complicated history. While traditional banks offer a more established and tested set of products, the offerings of newer FinTech companies — such as real-time data, streamlined payments and quick notifications — are helping these new players encroach on banks’ territories. Why the tension?

Fintech 202

Fintech System Industry Google 202

Bobsguide

SEPTEMBER 19, 2022

The growing need to overhaul these systems is what powered GFT’s leap on the 2022 IDC FinTech Rankings. Continued adoption of GFT’s approach to reimagining banks’ current technology with core digital solutions moved the company up 14 spots this year, ranking #35 and earning recognition as a “Fast Track Fintech.”.

Fintech 68

Fintech Taxes Customer Experience Industry 68

PYMNTS

SEPTEMBER 20, 2018

With spiking investments in digital payment solutions, the B2B sphere appears to finally embrace innovation. In today’s highly competitive market, the pressure is on to maximize profits and streamline B2B payment structures by reducing their operating costs, time consumption and potential for errors and fraud.

Innovation 124

Innovation Payments blockchain Technology 124

PYMNTS

MAY 20, 2020

COVID-19 has forced many CUs to limit their brick-and-mortar hours of operation or close their branches completely, leaving CU members to rely primarily — and sometimes exclusively — on their CUs’ digital banking options. PYMNTS research shows that 41.5 This competitive edge has disappeared in recent months, however.

Data 152

Data Digital Banking Innovation Fintech 152

PYMNTS

DECEMBER 28, 2020

The pandemic has cost more than 300,000 lives in the United States alone, and it has also challenged many institutions — such as credit unions (CUs) — that were never designed to operate on a primarily remote basis. Coast Capital On The Innovations Driving CUs’ Digital-First Future. To get the full story, download the Tracker.

North Carolina 197

North Carolina Houston Fraud Innovation 197

Insights on Business

JULY 30, 2018

To financial firms, this increased customer satisfaction looks to also driving lower operating costs. For this reason, many predict we are in the ‘golden age of FinTech’ where customer needs and expectations are paramount. Partnerships (banks-fintechs) cannot scale to cause any meaningful change in financial institutions.

eBook 79

eBook Fintech Leadership Big Data 79

PYMNTS

JANUARY 2, 2019

Two FinTech firms in Poland are also forging closer ties. The merger is intended to help the companies bring their products and operations to foreign markets. The merger is intended to help the companies bring their products and operations to foreign markets. Once the merger is complete, the FinTech firms will rebrand.

Software 220

Software Fintech Marketing Resources 220

PYMNTS

SEPTEMBER 13, 2017

New payment and financial technologies are quickly emerging from the FinTech community, all with the promise of expediting payments and reducing the distance between cross-border trading partners. APIs invite innovative changes to banking. To read the story, download the latest Tracker. . contact-form-7] About the Tracker.

Strategy 190

Strategy Report Lending Fintech 190

PYMNTS

DECEMBER 13, 2017

The emergence of APIs is doing more than just changing the way banks and FinTechs operate. It’s forcing them to create new marketplaces and ecosystems where innovations are traded and, in the process, upending the traditional rules of the financial services market. To read the story, download the latest Tracker. .

Trends 192

Trends blockchain Fintech Innovation 192

PYMNTS

FEBRUARY 5, 2020

FinTech firms show less reluctance, however, and many of these companies are seizing APIs to launch new offerings for SMBs. Banks are also opening their APIs to FinTech firms, enabling the latter to create a flurry of new solutions for business customers. To get the full scoop, download the Tracker. One-third of U.K.-based

Payments 195

Payments Charlotte Survey System 195

PYMNTS

AUGUST 4, 2017

In late July, the Federal Reserve Faster Payments Task Force released its much-anticipated report on how to strengthen and operate the U.S. However, if recent developments in the financial services industry are any indication, innovation waits for no institution, company, agency or, for that matter, Fed report. faster payments system.

Community Bank 116

Community Bank Community Innovation Millennials 116

PYMNTS

OCTOBER 3, 2017

That is the opportunity that FinTech has: What we have to do as an industry is find innovative ways to serve small businesses and give access where access is lacking,” said Okeshola. FinTech, Okeshola said, can offer SMBs streamlined access to funds in ways that are unprecedented. Promise And Problems.

Lending 108

Lending Fintech Capital Marketing 108

PYMNTS

JULY 22, 2020

FinTech apps, for example, saw a 72 percent increase in usage in the first quarter of 2020 alone. In-branch operations have been severely impacted by the pandemic, with many banks instituting an appointment-only mandate for meetings be tween bank staff and customers to reduce the risk of infection. percent over the next seven years.

ATM 225

ATM Digital Banking Alabama Study 225

PYMNTS

FEBRUARY 21, 2018

To tackle this issue, companies are looking to infuse AI with a bit of humanity, help consumers better connect with computer-operated services and offer improved insights. With the approval in place, the company is now able to fully operate in the PSD2 scheme. Meanwhile, Emma Technologies LTD has celebrated an AI milestone.

Digital Banking 163

Digital Banking Fintech Software Operations 163

PYMNTS

DECEMBER 14, 2017

Banks and FinTechs may have had frosty relations in the past , but new open API ecosystems are now enabling former competitors to collaborate and grow their respective businesses. Specifically, these financial institutions (FIs) must learn how to collaborate and innovate at a considerably faster pace.

Fintech 173

Fintech Innovation Apple System 173

PYMNTS

JUNE 3, 2020

The COVID-19 pandemic has ushered in immediate, large-scale operational changes for financial institutions (FIs) in the EU, U.K. during the past two months, for example, and mobile banking app downloads saw a 60 percent jump. during the past two months, for example, and mobile banking app downloads saw a 60 percent jump.

Digital Banking 131

Digital Banking Mobile Tools Online 131

Chris Skinner

FEBRUARY 21, 2017

You can download and listen to this interview if you prefer] This isn’t your first startup. And then, GoCardless in 2011, we founded it, myself and my two co-founders, Matt and Hiroki, and I was there for almost three years, and that was my first experience with FinTech. I think the word FinTech wasn’t yet around.

Study 283

Study Training Fintech Digital Banking 283

CB Insights

FEBRUARY 20, 2020

In 2018, companies from 31 countries and 19 categories — spanning payments, digital banking, insurance, and more — made it onto the CB Insights 2018 Fintech 250 list. The selection was based on several factors, including company-submitted data, business model, tech innovation, marketplace momentum, team strength, and more. First name.

Fintech 80

Fintech US Lending Cards 80

PYMNTS

APRIL 11, 2019

Among the many AI and machine learning systems available on the market, there is one particularly versatile type of AI, having been engineered specifically to enhance financial and payment operations: smart agents. To understand what smart agents and AI systems can offer, and what other learning systems can’t, download the Playbook.

System 185

System ATM Analysis Survey 185

Insights on Business

AUGUST 6, 2019

Time and again, it has proven to be a catalyst for transformation that has fueled innovation. It drives banks to launch new services and products that allow innovative collaboration with partners in a complex ecosystem resulting in new revenue streams. Cost savings are possible as operations become more efficient.

Payments 96

Payments Risk Management Innovation Analytics 96

PYMNTS

JULY 19, 2018

Growth in financial institutions’ (FIs) investment in AI comes as banks look to streamline their operational costs. A recent study estimated that investment in AI could result in a 22 percent reduction in operational costs at FIs, collectively saving them as much as $1 trillion by 2030. contact-form-7]. . About the Tracker.

Report 101

Report Digital Banking Fintech Community Bank 101

PYMNTS

AUGUST 27, 2019

One of the largest factors that sets credit unions (CUs) apart from large banks and FinTech providers is their emphasis on member relations. LA Financial is expected to keep its original name but operate as a division of Ventura County CU. For more on these and other credit union news items, download this month’s Tracker.

Data 122

Data Report Los Angeles California 122

Abrigo

NOVEMBER 12, 2016

Furthermore, given the rise of FinTech firms chasing the SMB segment, borrowers have alternative sources of funding that put pressure on financial institutions to innovate the small business loan process.

Lending 186

Lending Community Bank Community Analysis 186

CB Insights

NOVEMBER 3, 2022

download the State of Fintech Q3 ’22 Report. Get the free report for analysis on dealmaking, funding, and exits by private market fintech companies. As weather events become more frequent and severe, insurers will need to be able to efficiently scale their property inspection operations. . First name. Company Name.

Trends 95

Trends Puerto Rico Analytics Risk Management 95

PYMNTS

OCTOBER 31, 2019

The slow, expensive process of handling print invoices is a barrier to smooth cash flow, and SMBs can make their operations run smoother by tapping AR tools for digital payments, electronic invoices, automated processes and more. To read the Feature Story, download the Report. Deep Dive: AR Gets An AI-Powered Speed Boost.

Meeting 103

Meeting social media Tools Report 103

PYMNTS

DECEMBER 28, 2016

The year 2016 was the year of capitulation by FinTechs to the traditional banking industry. What I witnessed during the past year is a pivot by many of these FinTechs from a posture of “Watch out, Mr. or Ms. FinTech investment is still strong but slowing, making funding harder to get. Payments 2016: The Year Of Capitulation .

Payments 128

Payments eBook Fintech Regulation 128

Insights on Business

AUGUST 6, 2019

Time and again, it has proven to be a catalyst for transformation that has fueled innovation. It drives banks to launch new services and products that allow innovative collaboration with partners in a complex ecosystem resulting in new revenue streams. Cost savings are possible as operations become more efficient.

Payments 70

Payments Risk Management Innovation Analytics 70

CB Insights

JULY 11, 2019

Technological innovation across the financial services space is growing. Download the free report to find out about the rise of digital banking, challenger bank strategies and how incumbents are fighting back. oVER 20 Fintech startups with 1m+ customer accounts. fintech startups are Changing the consumer experience.

Fintech 64

Fintech cryptocurrency Examples Cards 64

PYMNTS

OCTOBER 23, 2018

Open Banking regulations have gotten FinTech innovators’ brains churning over how to take advantage of the troves of data that traditional banks have typically kept locked away. With regulations like PSD2 and Open Banking emerging as ways to boost financial services competition, the bank-FinTech relationship has taken center stage.

Data 177

Data System Regulation Security 177

PYMNTS

APRIL 12, 2017

Some of the strongest developments have been made by FinTechs and venture capitalists, who have invested in the development of solutions that include APIs and real-time data tools that are focused on removing friction from financial transactions. The companies raised a combined $49 million to expand the global reach of their operations.

Report 198

Report Survey Management Payments 198

PYMNTS

AUGUST 17, 2017

With more consumers moving to mobile transactions over visits to branches, some banks are considering closing brick-and-mortar locations to reduce operational costs. The price of real estate is prompting even the largest players in the banking world to scale back their branch operations. Staying on Top of Customer Expectations.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

OCTOBER 14, 2016

With a big government backing, bold entrepreneurial spirit and increasing FinTech interest, the country’s tech scene is quickly becoming a global force to be reckoned with. Most innovation is borne from diversity — just look at Silicon Valley,” MSIP Director Dr. Chang-yong Ahn told TechCrunch in May. “At

Fintech 100

Fintech Innovation Mobile Seattle 100

PYMNTS

JANUARY 7, 2020

Business today expect MSPs to do more than process card payments: They want tools to optimize their operations across a range of areas, from marketing and loyalty to analytics and inventory management. To learn more about the types of VAS that MSPs are prioritizing and how this relates to their core system strategies, download the report.

Data 134

Data Payments System Strategy 134

PYMNTS

JUNE 28, 2019

Several European banks, for example, are collaborating on a pilot program that will enable them to use SWIFT global payments innovation (gpi) through the pan-European TARGET Instant Payment Settlement (TIPS) rail. Italian banking startup illimity will work with German FinTech Raisin on a new cross-border deposit solution.

Meeting 110

Meeting social media Payments Security 110